Funding
AI infrastructure company fal raises $125 million, valuing company at $1.5 billion
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Artificial intelligence infrastructure company fal raised a $125 million Series C round valuing the company at $1.5 billion, the company said Thursday.
Venture capital fund Meritech led the round with participation from Salesforce Ventures, Shopify Ventures and Google AI Futures fund. Existing investors Bessemer Venture Partners, Kindred Ventures, Andreessen Horowitz, Notable Capital, First Round Capital, Unusual Ventures and Village Global also participated in the round.
San Francisco-based fal, which specialises in running audio, video and image…
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